Settings8H · net · $10k
Funding arb · Price arb /

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0647%/8h= −70.8% APRnext payment $0.81 per $10,000 · paid last 24h −0.224%
Price spread now: Kraken Futures against Aftermath Perps−0.198%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Kraken Futures is 0.198% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps NEARUSD4.28760.1386pay 0.0173% / 1h26m 19s$5K$12K10x
ShortKraken Futures PF_NEARUSD4.27920.0739get 0.0092% / 1h26m 19s$7.4M$38.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aftermath Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$135.82
Price spread: −0.198% → 0.000%
−$19.75
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$174.58
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Kraken Futures: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell Kraken Futures live order book, 3 min ago7.34 bp17.5 bp −$1820.5 bp −$20551.4 bp −$5,137doesn't fit
Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.2837−0.092%$2K20xas long as short
dYdX NEAR-USD0.0000%1h4.2793−0.194%$105K$68K10xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.2778−0.228%$160K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−3.420%$578$301K12xas long as short
Popdex NEARUSDT+0.0096%1h4.2840−0.085%$113K$501K50xas long as short
Binance NEARUSDT+0.0100%8h4.2850−0.061%$262.0M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.2782−0.220%$213.3M$420.1M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.2810−0.155%$60.2M$284.1M50xas long as short
Bulk NEAR-USD+0.0100%1h4.2997+0.283%$245K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.2787−0.208%$32.3M$60.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NEAR_USDT+0.0100%8h4.2840−0.085%$77.3M$144.4M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.2830−0.108%$51.7M$45.8M75xas long as short
Bitget NEARUSDT+0.0100%8h4.2801−0.176%$70.7M$127.1M75xas long as short
BingX NEAR-USDT+0.0100%8h4.2810−0.155%$143.4Mas long as short
Variational Omni NEAR+0.0100%8h4.2878+0.005%$8.1M$18.0Mas long as short
edgeX NEARUSDC+0.0100%4h4.2992+0.270%$259K$953K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.2900+0.055%$1.4M$1.5M10xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.2861−0.036%$260K$3.9M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.2833−0.101%$56K$243K20xas long as short
SunX NEAR-USDT+0.0100%8h4.2960+0.195%$2K$1.3M20xas long as short
HTX NEAR-USDT+0.0100%8h4.2890+0.032%$462K$4.0M75xas long as short
Phemex NEARUSDT+0.0100%8h4.2820−0.131%$3.6M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0101%8h4.2861−0.036%$31K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.2860−0.038%$199K$37K3xas long as short
ApeX Omni NEARUSDT+0.0209%1h4.3020+0.335%$165K$795K50xas long as short
BloFin NEAR-USDT+0.0220%8h4.2820−0.131%$13.2M$31.5M75xas long as short
Coinbase International NEAR-PERP-INTX+0.0256%1h4.2859−0.040%$2.3M$15.8M50xas long as short
Kalshi KXNEARPERP+0.0269%8h4.2888+0.027%$867K$24.5M2.2xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0311% / S −0.0198%1h4.2777−0.232%$231K100xas long as short
Aster NEARUSDT+0.0332%8h4.2820−0.131%$2.8M$5.3M50xas long as short
Nado NEAR-PERP+0.0400%1h4.2850−0.061%$1.7M$3.2M10xas long as short
Extended NEAR-USD+0.0536%1h4.2798−0.183%$3.6M$19.6M25xas long as short
SoDEX NEAR-USD+0.0568%1h4.2815−0.143%$6K$52K10xas long as short
Backpack NEAR_USDC_PERP+0.0656%1h4.2797−0.185%$1.3M$6.6M20xas long as short
Hyperliquid NEAR+0.0678%1h4.2876−0.001%$350.5M$310.5M10xas long as short
Kraken Futures PF_NEARUSDshort+0.0739%1h4.2792−0.198%$7.4M$38.8M50x
01 Exchange NEARUSD+0.0752%1h4.2897+0.048%$13K$7K10xas long as short
Arcus NEAR-USD+0.0814%1h4.2900+0.055%$215K$1.6M10xas long as short
Pacifica NEAR+0.0847%1h4.2840−0.086%$392K$1.3M10xas long as short
Lighter NEAR+0.0936%1h4.28760.000%$16.8M$25.1M15xas long as short
Phoenix NEAR+0.1033%1h4.2991+0.267%$1.8M$2.5M10xas long as short
Lighter RH NEAR+0.1128%1h4.2838−0.089%$1.4M$7.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1199%1h4.2842−0.080%$1.9M$11.0M25xas long as short
RISEx NEAR/USDC+0.1220%1h4.2882+0.014%$684K$1.3M10xas long as short
Aftermath Perps NEARUSDlong+0.1386%1h4.2876long leg$5K$12K10x